Athabasca OilATHOF +0.28%70 Return-on-Tangible-Equity is 10.25% as of Mar. 2026, which is 89% above its 10-year median of 5.41. GuruFocus rates ATHOF with a GF Score™ of 70/100 and a GF Value™ of $4.50 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 948 Oil & Gas companies, Athabasca Oil ranks better than 64.66% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Athabasca Oil's annualized net income for the quarter that ended in Mar. 2026 was $135 Mil. Athabasca Oil's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,316 Mil. Therefore, Athabasca Oil's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.25%.
The historical rank and industry rank for Athabasca Oil's Return-on-Tangible-Equity or its related term are showing as below:
ATHOF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -73.59 Med: 5.41 Max: 57.45
Current: 12.29
During the past 13 years, Athabasca Oil's highest Return-on-Tangible-Equity was 57.45%. The lowest was -73.59%. And the median was 5.41%.
ATHOF's Return-on-Tangible-Equity is ranked better than 64.66% of 948
companies
in the Oil & Gas industry
Industry Median: 6.71
vs ATHOF: 12.29
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Athabasca Oil Return-on-Tangible-Equity Related Terms
Athabasca Oil Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Athabasca Oil's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ATHOF vs COP, EOG, FANG: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, Athabasca Oil's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Athabasca Oil Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Athabasca Oil's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Athabasca Oil's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 10.25% mean?
Athabasca Oil (ATHOF) has a Return-on-Tangible-Equity of 10.25% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Athabasca Oil and its competitors. This is 89% above median its historical median of 5.41. According to the industry distribution chart, Athabasca Oil ranks #335 out of 948 companies in the Oil & Gas industry, placing it in the top 35.3%.
Is Athabasca Oil's Return-on-Tangible-Equity too high?
Athabasca Oil's current Return-on-Tangible-Equity of 10.25% is 89% above median its 10-year median of 5.41. The Oil & Gas industry median Return-on-Tangible-Equity is 6.71. Athabasca Oil's value of 10.25% is 52.8% above this industry median. Based on the distribution chart, Athabasca Oil ranks #335 out of 948 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Athabasca Oil has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Athabasca Oil's Return-on-Tangible-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Athabasca Oil ranks #335 out of 948 companies for Return-on-Tangible-Equity. This puts Athabasca Oil in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.71. Athabasca Oil's value of 10.25% is 52.8% above this benchmark. While the company's 10-year median is 5.41 vs. the industry median of 6.71, Athabasca Oil has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.71, based on 948 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Athabasca Oil's current Return-on-Tangible-Equity of 10.25% is 52.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Athabasca Oil and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Athabasca Oil's current Return-on-Tangible-Equity is 10.25%, which is 89% above median its own 10-year median of 5.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Athabasca Oil stock overvalued right now?
Based on GuruFocus' analysis, Athabasca Oil (ATHOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.50, compared to a current price of $7.21 — trading 60.2% above its estimated fair value. The current Return-on-Tangible-Equity is 10.25%, which is 89% above median its 10-year median of 5.41 and 52.8% above the Oil & Gas industry median of 6.71. Athabasca Oil's overall GF Score™ is 70/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Athabasca Oil (ATHOF), the current Return-on-Tangible-Equity is 10.25% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Athabasca Oil (ATHOF) Overvalued in 2026?
Based on GuruFocus' analysis, Athabasca Oil stock appears to be overvalued.
The current stock price of $7.21 is trading 60.2% above its estimated GF Value™ of $4.50.
GuruFocus considers Athabasca Oil to be Significantly Overvalued.
Key valuation signals for ATHOF:
Return-on-Tangible-Equity: 10.25% (89% above median its 10-year median of 5.41)
GF Value™: $4.50 vs. price of $7.21 (60.2% above fair value)
Industry Position: 52.8% above the Oil & Gas median (#335 of 948)
No single metric tells the full story. See the ATHOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Athabasca Oil Corp is an exploration and production company developing Thermal Oil and Light Oil resources in the Western Canadian Sedimentary Basin located in Alberta, Canada. It operates through two segments: Athabasca (Thermal Oil), focused on bitumen production from oil sands in the Athabasca region of Northern Alberta, and Duvernay Energy, focused on the production of light and medium crude oil, tight oil, natural gas, shale gas, and natural gas liquids in the Greater Kaybob area near Fox Creek, Alberta. The majority of its revenue is derived from petroleum, natural gas, and midstream sales through the Athabasca segment.
70GF Score
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